Staying Ahead of Tax Legislation: Year End Planning

With the Senate recently passing its version of a tax bill, major year-end tax legislation is a near certainty. Our models indicate that most taxpayers will pay less, but with over 400 pages of detail in each of the House and Senate versions, it is nearly impossible to predict winners and losers without a more detailed analysis. Further, expect additional changes and perhaps a surprise or two before a combined bill is sent to President Trump for signature.